UK Government Raises Expensive Car Supplement Threshold for Zero Emission Vehicles to £50,000
The UK Government will raise the Expensive Car Supplement threshold to £50,000 for zero emission vehicles, effective April 2025, benefiting over one million motorists with an estimated annual savings of £440 each. This initiative aims to bolster the British car industry, alongside a £1.5 billion funding announcement for the electric vehicle sector.
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Starting April 2025, the UK Government will increase the Expensive Car Supplement threshold to £50,000 exclusively for zero emission vehicles, including electric and hydrogen fuel cell cars. This change aims to support the British car industry and is expected to benefit over one million motorists, saving each approximately £440 annually. Additionally, £1.5 billion in funding for the electric vehicle industry was announced.
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